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Carbon tax is over: Australia’s Senate abolishes tax on carbon emissions

The Australian Senate voted 39 to 32 to repeal the nation’s controversial tax on carbon emissions after eight years of harsh political debate during which climate policy dominated three election campaigns and contributed to the resignation of two prime ministers.

read more... 18/07/2014

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DECC: Investment in UK green energy sector reached almost £8bn in 2013

The investment in renewables in the UK hit record levels and is easily exceeding investment in shale gas and other forms of fossil fuels, according to a new report released by the Department of Energy and Climate Change (DECC).

read more... 18/07/2014

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Dong Energy to divest 50% of its German offshore wind farm project

Denmark’s Dong Energy, the biggest developer of offshore wind farms, has agreed to sell 50% of the 252MW Gode Wind 2 offshore wind farm project in Germany to a consortium of Danish pension funds (PKA).

read more... 18/07/2014

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Daily: Crude oil prices jump on new Russia sanctions, jet crash

Crude oil prices rallied on Thursday, recovering from a weeks-long decline on new U.S. sanctions unveiled on Wednesday and after a Malaysian airliner was shot down over eastern Ukraine, considerably intensifying the conflict between Russia and Ukraine. Brent crude for September delivery increased by 72 cents to settle at $107.89, while U.S. crude climbed for a second consecutive session, settling up $1.99 at $103.19 per barrel, its strongest point since mid-June.

read more... 18/07/2014

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UK government approves the construction of EON's Rampion offshore wind farm

The British government gave the go-ahead for the construction of a major new wind farm off the coast of Sussex, in UK.

read more... 17/07/2014

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